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  4. US manufacturing is going strong and there is more room to grow.

US manufacturing is going strong and there is more room to grow.

Scheduled Pinned Locked Moved US Manufacturing Industry News & Trends
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  • michael kornutaM Offline
    michael kornutaM Offline
    michael kornuta
    wrote on last edited by
    #1

    I believe that the numbers for US unemployment are misleading.
    There are over 100 million people who are either staying at home or not looking for work or discouraged.
    What are they doing? Would they come to work if it was interesting, if there was a national mobilization?
    I suspect that many of these people would work in jobs that are fulfilling and don't require college.
    But, the jobs need to be easy to find, and the country needs a vision.
    We are at the beginning of these crossroads.

    Manufacturers are using NORAMARK and other solutions to make it easier to access and connect with manufacturing careers.
    Interest in national security and its relationship to supply chains is high.
    We lost a generation to desk jobs but the up-and-coming workforce loves "real" work with tangible results and clear start and finish.

    When I read these numbers I see a different story.
    Unemployment is much higher than we are told, and it's time for us to get back to work and rebuild America's industrial base.

    check these numbers out.

    Breaking Down the U.S. Civilian Non-Institutional Population
    The key is that everyone falls into exactly one of three main groups:

    Employed – People with a job.
    Unemployed (Actively Seeking Work) – People without a job but actively looking in the past 4 weeks.
    Not in the Labor Force – People neither employed nor actively seeking work.
    Now, Let's Break it Down Properly:
    Total U.S. Civilian Non-Institutional Population (everyone 16+ who isn't in the military or institutionalized): ~260 million
    Currently Employed:

    156.4 million (about 60.1% of the total population)
    Currently Unemployed (Actively Seeking):

    6.5 million (about 2.5% of the total population, but 4.0% of the labor force)
    Not in the Labor Force (Neither Working Nor Actively Seeking):

    103.4 million (about 39.7% of the total population)
    Includes:
    Marginally Attached Workers (~1.6 million) – Wanted a job, looked in the past year, but not in the past 4 weeks.
    Discouraged Workers (~592,000) – A subset of marginally attached workers who have given up looking.
    Retirees, students, caregivers, disabled, and others who aren’t working or job-seeking.

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